Article

Mortenson Announces the Opening and Sale of the New Hampton Inn & Suites in Downtown Phoenix

May 03, 2018

Hampton Inn and Suites Downtown Phoenix

The new 11-story, 210-key Hampton Inn & Suites by Hilton is now open in downtown Phoenix. Mortenson also announced today it has sold the new property located at N. 1st Street and E. Polk Street to Apple Hospitality REIT. The hotel will be managed by North Central Group, a leading hotel management company.

Brief:

The new Hampton Inn & Suites Downtown Phoenix is adjacent to the Arizona State University Downtown Campus and is within walking distance of the Phoenix Convention Center.

  • First Hampton Inn & Suites in downtown Phoenix
  • 210-keys
  • Groundbreaking date: Spring 2017. Completion date: Spring 2018
  • 11 stories, 115 feet tall, 123,900 square feet
  • Amenities include a bar and lounge, business center, meeting space, fitness center and breakfast area. Local art will be featured throughout the public areas and guestrooms.
  • Developer and general contractor: Mortenson
  • Architect: PK Architects
  • Interior Designer: Design Force
  • Engineer: PK Associates, Peterson Associates Consulting Inc., Dibble Engineering
Insight:

The hospitality market in Phoenix continues to strengthen with the growing demand in the area. The hotel is Mortenson’s first development project in downtown Phoenix, as well as Hilton’s first Hampton Inn & Suites downtown.

“The new Hampton Inn & Suites Downtown Phoenix is an important part of the continued renaissance within the City’s urban core,” said Nate Gundrum, Vice President of Real Estate Development at Mortenson. “Located in the heart of downtown, the new hotel will cater to a segment of traveler looking for an affordable, yet upscale experience proximate to a variety of entertainment and cultural attractions.”

The hotel has a character that is uniquely Arizonan. The interior design highlights local artwork, as well as a lounge and gathering area inviting business and leisure travelers alike to enjoy the downtown atmosphere. It also features a business center, meeting space, fitness center and area for complimentary breakfast.

“This project is a great addition to our growing portfolio of work in the Valley and across the state,” said George Forristall, Director of Real Estate Development at Mortenson. “We have enjoyed the collaboration with the entire project team in helping this Hampton Inn & Suites reflect the unique downtown Phoenix vibe.”

Mortenson is a leading national hospitality and real estate developer. The company’s current and recent hospitality development projects include two AC Hotels by Marriott in Minneapolis, Minn. and Portland, Ore.; a Home2 Suites by Hilton in Chicago, Ill.; a JW Marriott and a Radisson Blu at Mall of America, Bloomington, Minn.; a Hyatt Centric in Portland, Ore.; the Hyatt Regency at the Oregon Convention Center in Portland; expansion of the Hotel Commonwealth, Boston, Mass.; and the Marriott HARBORCENTER, Buffalo, N.Y.